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Lowest Current Ratio in the Application Software Industry Detected in Shares of Aspen Technology (AZPN, EPAY, INTU, SSNC, BLKB)

By James Quinn

Below are the three companies in the Application Software industry with the lowest current ratios. Current ratio is useful to get an idea of how quickly a company can repay its short-term liabilities with its short-term assets. The higher the current ratio, the more capable the company is of paying its obligations.

Aspen Technology ranks lowest with a a current ratio of 0.3. Bottomline Tech is next with a a current ratio of 0.7. Intuit Inc ranks third lowest with a a current ratio of 0.7.

Ss&C Technologie follows with a a current ratio of 0.8, and Blackbaud Inc rounds out the bottom five with a a current ratio of 0.8.

SmarTrend recommended that subscribers consider buying shares of Aspen Technology on January 7th, 2019 as our technology indicated a new Uptrend was in progress when shares hit $84.50. Since that recommendation, shares of Aspen Technology have risen 41.8%. We continue to monitor Aspen Technology for any potential shift so investors can protect gains and will alert SmarTrend subscribers immediately.

Keywords: lowest current ratio aspen technology bottomline tech intuit inc ss&c technologie blackbaud inc